XML 44 R31.htm IDEA: XBRL DOCUMENT
v3.23.2

Fair Value Measurements (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Fair Value Measurements [Abstract] |
Fair Value, by Balance Sheet Grouping [Table Text Block] | The following tables summarize the gross fair value of our financial assets and liabilities measured and recorded at fair value on a recurring basis as of June 30, 2023 and December 31, 2022 based on inputs used to derive their fair values:
|  |  | Fair Value Measurements at June 30, 2023
| Fair Value Total |  | Level 1 |  | Level 2 |  |
Assets: |  |  |  |  |  |  |
Interest rate derivatives | $ | 13 |  |  | $ | — |  |  | $ | 13 |  |  |
Commodity derivatives: |  |  |  |  |  |  |
Natural Gas: |  |  |  |  |  |  |
Basis Swaps IFERC/NYMEX | 3 |  |  | 3 |  |  | — |  |  |
Swing Swaps IFERC | 5 |  |  | 5 |  |  | — |  |  |
Fixed Swaps/Futures | 38 |  |  | 38 |  |  | — |  |  |
Forward Physical Contracts | 4 |  |  | — |  |  | 4 |  |  |
Power: |  |  |  |  |  |  |
Forwards | 55 |  |  | — |  |  | 55 |  |  |
Futures | 8 |  |  | 8 |  |  | — |  |  |
Options – Calls | 1 |  |  | 1 |  |  | — |  |  |
NGLs – Forwards/Swaps | 670 |  |  | 670 |  |  | — |  |  |
Refined Products – Futures | 9 |  |  | 9 |  |  | — |  |  |
Crude – Forwards/Swaps | 16 |  |  | 16 |  |  | — |  |  |
Total commodity derivatives | 809 |  |  | 750 |  |  | 59 |  |  |
Other non-current assets | 29 |  |  | 19 |  |  | 10 |  |  |
Total assets | $ | 851 |  |  | $ | 769 |  |  | $ | 82 |  |  |
Liabilities: |  |  |  |  |  |  |
Interest rate derivatives | $ | (23) |  |  | $ | — |  |  | $ | (23) |  |  |
Commodity derivatives: |  |  |  |  |  |  |
Natural Gas: |  |  |  |  |  |  |
Basis Swaps IFERC/NYMEX | (11) |  |  | (11) |  |  | — |  |  |
Swing Swaps IFERC | (3) |  |  | (3) |  |  | — |  |  |
Fixed Swaps/Futures | (5) |  |  | (5) |  |  | — |  |  |
Power: |  |  |  |  |  |  |
Forwards | (54) |  |  | — |  |  | (54) |  |  |
Futures | (10) |  |  | (10) |  |  | — |  |  |
Options – Calls | (1) |  |  | (1) |  |  | — |  |  |
NGLs – Forwards/Swaps | (644) |  |  | (644) |  |  | — |  |  |
Refined Products – Futures | (16) |  |  | (16) |  |  | — |  |  |
Crude – Forwards/Swaps | (6) |  |  | (6) |  |  | — |  |  |
Total commodity derivatives | (750) |  |  | (696) |  |  | (54) |  |  |
Total liabilities | $ | (773) |  |  | $ | (696) |  |  | $ | (77) |  |  |
|  |  | Fair Value Measurements at December 31, 2022
| Fair Value Total |  | Level 1 |  | Level 2 |  |
Assets: |  |  |  |  |  |  |
Commodity derivatives: |  |  |  |  |  |  |
Natural Gas: |  |  |  |  |  |  |
Basis Swaps IFERC/NYMEX | $ | 60 |  |  | $ | 60 |  |  | $ | — |  |  |
Swing Swaps IFERC | 75 |  |  | 75 |  |  | — |  |  |
Fixed Swaps/Futures | 113 |  |  | 113 |  |  | — |  |  |
Forward Physical Contracts | 10 |  |  | — |  |  | 10 |  |  |
Power: |  |  |  |  |  |  |
Forwards | 52 |  |  | — |  |  | 52 |  |  |
Futures | 3 |  |  | 3 |  |  | — |  |  |
NGLs – Forwards/Swaps | 317 |  |  | 317 |  |  | — |  |  |
Refined Products – Futures | 20 |  |  | 20 |  |  | — |  |  |
Crude – Forwards/Swaps | 38 |  |  | 38 |  |  | — |  |  |
Total commodity derivatives | 688 |  |  | 626 |  |  | 62 |  |  |
Other non-current assets | 27 |  |  | 18 |  |  | 9 |  |  |
Total assets | $ | 715 |  |  | $ | 644 |  |  | $ | 71 |  |  |
Liabilities: |  |  |  |  |  |  |
Interest rate derivatives | $ | (23) |  |  | $ | — |  |  | $ | (23) |  |  |
Commodity derivatives: |  |  |  |  |  |  |
Natural Gas: |  |  |  |  |  |  |
Basis Swaps IFERC/NYMEX | (25) |  |  | (25) |  |  | — |  |  |
Swing Swaps IFERC | (12) |  |  | (12) |  |  | — |  |  |
Fixed Swaps/Futures | (4) |  |  | (4) |  |  | — |  |  |
Forward Physical Contracts | (2) |  |  | — |  |  | (2) |  |  |
Power: |  |  |  |  |  |  |
Forwards | (51) |  |  | — |  |  | (51) |  |  |
Futures | (3) |  |  | (3) |  |  | — |  |  |
NGLs – Forwards/Swaps | (358) |  |  | (358) |  |  | — |  |  |
Refined Products – Futures | (59) |  |  | (59) |  |  | — |  |  |
Crude – Forwards/Swaps | (12) |  |  | (12) |  |  | — |  |  |
Total commodity derivatives | (526) |  |  | (473) |  |  | (53) |  |  |
Total liabilities | $ | (549) |  |  | $ | (473) |  |  | $ | (76) |  |  |

X
- Definition Fair value measurements abstract. + References No definition available. + Details
Name: | et_FairValueMeasurementsAbstract
Namespace Prefix: | et_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482907/825-10-50-11 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration